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Condensed Consolidated Statements of Income (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]        
Net revenues $ 112,183,360 $ 88,844,059 $ 214,909,107 $ 172,580,065
Cost of net revenues (31,077,211) (23,892,881) (59,726,378) (44,989,178)
Gross profit 81,106,149 64,951,178 155,182,729 127,590,887
Operating expenses:        
Product and technology development (9,760,220) (6,133,819) (19,142,610) (13,719,892)
Sales and marketing (20,823,546) (16,805,362) (43,161,483) (34,233,040)
General and administrative (15,073,088) (10,127,077) (28,858,158) (22,822,289)
Total operating expenses (45,656,854) (33,066,258) (91,162,251) (70,775,221)
Income from operations 35,449,295 31,884,920 64,020,478 56,815,666
Other income (expenses):        
Interest income and other financial gains 2,202,314 2,982,303 5,596,320 6,070,862
Interest expense and other financial losses (531,668) (474,300) (892,020) (551,617)
Foreign currency gains (losses) 3,600,866 749,008 (2,648,848) (283,969)
Other gains (losses), net 1,393 (7,009) (2,340) (11,263)
Net income before income / asset tax expense 40,722,200 35,134,922 66,073,590 62,039,679
Income / asset tax expense (10,701,182) (9,740,098) (18,529,981) (17,007,817)
Net income 30,021,018 25,394,824 47,543,609 45,031,862
Less: Net Income attributable to Redeemable Noncontrolling Interest 42,377 15,632 84,715 18,060
Net income attributable to MercadoLibre, Inc. shareholders $ 29,978,641 $ 25,379,192 $ 47,458,894 $ 45,013,802
Basic EPS        
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share $ 0.67 $ 0.57 $ 1.07 $ 1.02
Weighted average of outstanding common shares 44,152,933 44,147,999 44,152,132 44,145,038
Diluted EPS        
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share $ 0.67 $ 0.57 $ 1.07 $ 1.02
Weighted average of outstanding common shares 44,152,933 44,152,133 44,152,132 44,149,178